$220,000
456 MELENDEZ Street, Socorro, TX, 79927
$286,000 ARV
On Market
Just Added
Property Lead Type:
Must-SellHigh Equity
Highlights
Interior
AppliancesBuilt-In Gas Oven, Gas Cooktop, Refrigerator
FlooringCarpet, Concrete
Exterior
Exterior FeaturesBack Yard Access
Lot Size41,614 sqft
Building Information
Year Built1987
Roof Type105
Land Information
APNA442-000-0010-0002
Lot Number2
SubdivisionAlameda Estates
Land UseResidential
Legal Description1 ALAMEDA ESTATES REPLAT LOT 2 (41614 SQ FT)
Census Tract010401
Assessed Land Value$44,685
Assessed Improvement Value$278,561
Assessment Year2025
About this property
Opportunity awaits on this spacious property just shy of an acre! This fixer-upper home offers endless potential for investors, builders, or buyers looking to create their dream home. Situated in a highly desirable location, you'll enjoy convenient access to nearby schools, shopping centers, restaurants, and everyday amenities. With plenty of room to expand, renovate, or customize, this property is the perfect canvas to bring your vision to life. Don't miss your chance to own a large lot in a prime location with unlimited possibilities!
Investor Tools
$32,143Estimated Mortgage Balance
$299,857Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$286,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,992 /month
Positive
Cash Flow Estimate:
$664 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,168
$323,246
2025
$44,685
$278,561
$323,246
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,168
$323,246
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centex Home Equity Company Llc
Stand Alone First / Home Equity First Lien
$82,800
No
First
May 25, 2004
Jun 2034
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,143
$299,857
90%
10%
$497/mo
